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Will mortgage interest rates increase in September?

Por: CBS News Business August 31, 2023

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An interest rate hike in September is likely. But that doesn't have to discourage you from homeownership. Getty Images/iStockphoto High mortgage rates have plagued homebuyers for some time now. As of August 30, 2023, the  for a 15-year mortgage is 6.81%, and the average rate for a 30-year mortgage is 7.53%. That's the highest they've been in .Elevated mortgage rates make borrowing more expensive, meaning homebuyers pay... + full article



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